Hedge funds staged a strong recovery in August, with commodity and global macro strategies leading performance as industry inflows for the year moved to within touching distance of $100bn, according to Citco lates Monthly Hedge Fund Update.
The weighted average return across funds administered by Citco rose 1.4% in August, with more than three-quarters of funds generating positive returns. The rebound lifted the weighted average return for the year to date to 11.3%, following a weaker performanc...
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